Civic Intelligence

International Brotherhood of Electrical Workers 0681 Local

990 • Fiscal year 2014 • EIN 75-0561152

Jul 01, 2013 to Jun 30, 2014 • Filed on Nov 06, 2014

6111 Jacksboro Highway76302

(940) 322-1661

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

28th percentile

0.00x

Higher debt load relative to assets than 28% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

32nd percentile

0.00x

Higher debt load relative to revenue than 32% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Net Margin

95th percentile

37%

Higher net margin than 95% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

33rd percentile

$58,250

Higher top officer pay than 33% of similar nonprofits.

Top officer pay equals 8.2% of source-year revenue.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2014

Asset Growth

81st percentile

17%

Faster asset growth than 81% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

3rd percentile

-32%

Faster revenue growth than 3% of similar nonprofits.

2014 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Assets

Up

$1,786,503

Up $260,559 (+17%) from 2013

Net Assets

Up

$1,783,862

Up $257,918 (+17%) from 2013

Liabilities

Up

$2,641

Up $2,641 from 2013

Revenue

Down

$706,624

Down $336,218 (-32%) from 2013

Expenses

Up

$448,706

Up $51,556 (+13%) from 2013

Net Income

Down

$257,918

Down $387,774 (-60%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2012: $896,479Liabilities 2012: $0Net Assets 2012: $896,4792012Assets 2013: $1,525,944Liabilities 2013: $0Net Assets 2013: $1,525,9442013Assets 2014: $1,786,503Liabilities 2014: $2,641Net Assets 2014: $1,783,8622014Assets 2015: $1,623,286Liabilities 2015: $1,774Net Assets 2015: $1,621,5122015Assets 2016: $1,579,432Liabilities 2016: $490Net Assets 2016: $1,578,9422016Assets 2017: $1,475,777Liabilities 2017: $1,760Net Assets 2017: $1,474,0172017Assets 2018: $1,335,940Liabilities 2018: $1,801Net Assets 2018: $1,334,1392018Assets 2019: $1,468,918Liabilities 2019: $4,392Net Assets 2019: $1,464,5262019Assets 2020: $1,688,293Liabilities 2020: $4,961Net Assets 2020: $1,683,3322020Assets 2021: $1,861,682Liabilities 2021: $6,463Net Assets 2021: $1,855,2192021Assets 2022: $1,866,472Liabilities 2022: $8,513Net Assets 2022: $1,857,9592022Assets 2023: $1,907,535Liabilities 2023: $13,293Net Assets 2023: $1,894,2422023Assets 2024: $1,907,645Liabilities 2024: $13,979Net Assets 2024: $1,893,6662024

Highlighted filing

2014

Assets$1,786,503
Liabilities$2,641
Net Assets$1,783,862

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KRevenue 2012: $526,427Expenses 2012: $445,964Net Income 2012: $80,4632012Revenue 2013: $1,042,842Expenses 2013: $397,150Net Income 2013: $645,6922013Revenue 2014: $706,624Expenses 2014: $448,706Net Income 2014: $257,9182014Revenue 2015: $332,236Expenses 2015: $494,586Net Income 2015: -$162,3502015Revenue 2016: $366,232Expenses 2016: $408,802Net Income 2016: -$42,5702016Revenue 2017: $301,186Expenses 2017: $406,111Net Income 2017: -$104,9252017Revenue 2018: $376,776Expenses 2018: $516,654Net Income 2018: -$139,8782018Revenue 2019: $602,534Expenses 2019: $472,147Net Income 2019: $130,3872019Revenue 2020: $700,213Expenses 2020: $481,407Net Income 2020: $218,8062020Revenue 2021: $752,998Expenses 2021: $581,253Net Income 2021: $171,7452021Revenue 2022: $527,280Expenses 2022: $524,540Net Income 2022: $2,7402022Revenue 2023: $604,298Expenses 2023: $568,016Net Income 2023: $36,2822023Revenue 2024: $642,712Expenses 2024: $643,288Net Income 2024: -$5762024

Highlighted filing

2014

Revenue$706,624
Expenses$448,706
Net Income$257,918
Jump To
Filing Snapshot
Filing Period
Jul 1, 2013 to Jun 30, 2014
Signed
Nov 6, 2014
Return Version
2013v3.1
Gross Receipts
$708,375
Mission and Program Overview

Mission

Local Labor Union Representing Members of the International Brotherhood of Electrical Workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$645,210$1,206,813▲ $561,603
Cash and Non-Interest-Bearing Accounts$667,676$318,231▼ $349,445
Land, Buildings, and Equipment, Net$213,058$261,459▲ $48,401
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$1,525,944$1,786,503▲ $260,559
Other Assets Total-$0-
Liabilities
Other Liabilities-$2,641-
Total Liabilities$0$2,641▲ $2,641
Net Assets / Fund Balance
Unrestricted Net Assets$1,525,944$1,783,862▲ $257,918
Total Net Assets Fund Balance$1,525,944$1,783,862▲ $257,918
Total Liabilities and Net Assets / Fund Balance$1,525,944$1,786,503▲ $260,559

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$128,059$10,742$138,801
Buildings$82,862$32,759$115,621
Equipment$40,538$12,415$52,953
Other Land Buildings-$14,400$14,400
Land$10,000-$10,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Justin BooneBusiness MgrFT$58,250$58,250
Leland P WelbornOrganizerFT$50,186$50,186
Brendan HeuringExecutive Board-$946$946

Board Members and Trustees

NameTitle
Leland P WelbornPresident
Michael CulipherVice President
Greg VeiglExecutive Board
Joel DyeExecutive Board
Mike SosebeeExecutive Board
Nathan BrumleyExecutive Board
Skylar KowalickExecutive Board
Steven CoxRecording Sec.
Jerry AnderleTreasurer
Johnny HarveyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$680,249
Program Service Revenue
$5,464
Investment Income
$4,730
Other Revenue
$16,181
Change in Net Assets
$257,918
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$228,759
Salaries, Compensation, and Employee Benefits$213,357
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$109,382-$109,382
Payments to Affiliates---$107,462
Other Salaries and Wages-$40,165-$40,165
Other Employee Benefits-$31,140-$31,140
Pension Plan Contributions-$21,050-$21,050
Occupancy-$19,382-$19,382
Office Expenses-$15,586-$15,586
Payroll Taxes-$11,620-$11,620
Depreciation Depletion-$10,780-$10,780
Fees for Services Accounting-$9,100-$9,100
Conferences and Meetings-$7,659-$7,659
Benefits to Members$6,590--$6,590
Other Expenses-$5,248-$5,248
Insurance-$5,103-$5,103
All Other Expenses-$2,445-$2,445
Total Functional Expenses$6,590$334,654$0$448,706
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Credit Cards Payable$2,641
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

Dues-paying Membership of Local Union

Form 990, Part VI, Line 7A: How Members or Shareholders Elect Governing Body

Officers and Business Manager are Elected by Vote of Dues-Paying Members

Form 990, Part VI, Line 7B: Describe Decisions of Governing Body Approval by Members or Shareholders

Actions of Executive Board Concerning Members of Local Union

Form 990, Part VI, Line 11B: Form 990 Review Process

The Business Manager Reviewed the Return with the CPA prior to Signing the Return.

Form 990, Part VI, Line 15A: Compensation Review & Approval Process - CEO, Top Management

Compensation is stated in the Bylaws in Articles VII, Section 1.

Form 990, Part VI, Line 15B: Compensation Review and Approval Process for Officers and Key Employees

Compensation is stated in the Bylaws in Articles VII, Section 1.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All Documents are Available to the Public and Membership upon Request.

Filing and Contact Details

Filer

EIN
75-0561152
Phone
9403221661

Signing Officer

Name
Justin Boone
Title
Business Manager
Signed
2014-11-06
Discuss with paid preparer
Yes

Organization Details

Formed
1914
Legal Domicile
TX
Voting Board Members
5
Independent Board Members
0
Employees
3

Preparer

Preparer
Daryl C Soward CPA
Phone
8172756310
Raw XML AppendixShowing 400 of 443 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt015586
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IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt031140
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IRS990/OtherExpensesGrp/Desc0100th Anniversary Banquet
IRS990/OtherExpensesGrp/Desc1Donations
IRS990/OtherExpensesGrp/Desc2Contractor Incentives
IRS990/OtherExpensesGrp/Desc3Property Taxes
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt026124
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt19950
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt29920
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt35248
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IRS990/OtherLiabilitiesGrp/EOYAmt02641
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IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt08299
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IRS990/OtherRevenueTotalAmt08299
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt040165
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IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYBenefitsPaidToMembersAmt05685
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IRS990/PYRevenuesLessExpensesAmt0645692
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IRS990/ReportLandBuildingEquipmentInd0true
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IRS990/ReportOtherLiabilitiesInd0true
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IRS990/RevenueAmt05464
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IRS990ScheduleD/LandGrp/BookValueAmt010000
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IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0138801
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt014400
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02641
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Credit Cards Payable
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Dues-paying Membership of Local Union
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Officers and Business Manager are Elected by Vote of Dues-Paying Members
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Actions of Executive Board Concerning Members of Local Union
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Business Manager Reviewed the Return with the CPA prior to Signing the Return.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Compensation is stated in the Bylaws in Articles VII, Section 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Compensation is stated in the Bylaws in Articles VII, Section 1.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6All Documents are Available to the Public and Membership upon Request.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 7a: How Members or Shareholders Elect Governing Body
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 7b: Describe Decisions of Governing Body Approval by Members or Shareholders
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990, Part VI, Line 15a: Compensation Review & Approval Process - CEO, Top Management
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
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IRS990/TotalProgramServiceRevenueAmt05464
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